Metro Ag (ETR:MEO3)‘s stock had its “buy” rating reaffirmed by investment analysts at DZ Bank AG in a note issued to investors on Tuesday.
MEO3 has been the topic of several other research reports. Bankhaus Lampe set a €34.00 ($37.78) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Tuesday, August 16th. Independent Research GmbH set a €34.00 ($37.78) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Tuesday, July 12th. Societe Generale set a €22.00 ($24.44) target price on shares of Metro Ag and gave the stock a “sell” rating in a report on Tuesday, September 6th. Kepler Capital Markets set a €26.00 ($28.89) target price on shares of Metro Ag and gave the stock a “neutral” rating in a report on Tuesday, September 6th. Finally, Hauck & Aufhaeuser set a €32.00 ($35.56) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €30.21 ($33.57).
Shares of Metro Ag (ETR:MEO3) opened at 24.99 on Tuesday. The stock has a 50 day moving average of €24.93 and a 200 day moving average of €24.62. The company has a market cap of €8.57 billion and a price-to-earnings ratio of 8.06. Metro Ag has a 1-year low of €19.97 and a 1-year high of €26.00.
Metro Ag Company Profile
Metro AG is a Germany-based holding company and international retailing company. It operates numerous outlets in various countries in Europe, Africa and Asia. The Company operates a portfolio of sales brands, which offers a range of services for private and commercial customers. The portfolio comprises Metro Cash & Carry brand, which is active in the self-service wholesale industry, Real hypermarkets brand, which operates the Real stores across Europe offering both food and non-food products; Media Markt brand, which is active on the European market in the consumer electronics retailing industry; Saturn brand, which operates consumer electronics stores, and Galeria Kaufhof brand, under which the Company operates department stores in Germany and Belgium.
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